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Public Interest Score, Audit Committe & Non Exec Directors

I have a small business, and not really clued up about the new companies Act (i so far out all efforts in running the business than Acts)

So, my accountant (out-sourced service) just informed me that they will be doing a Public Interest Score on the company and I may have to appoint Audit Committe & Non Exec Directors in the company.

I do not understand this. The accountat told me a long story about "points for employees & liabilities"
Honestly, I do not get the story on the matter. And I do not want to bring in strangers into my business so they can dictate to me what to do (I worked very hard to develop the business)

I am sure they are referring to the PAIA (public access to information act) Manual which is supposed to be submitted to the department???
One of the old BW's may have a copy of the manual which is pretty simple to fill in and send via registered post.
Don't let the Accountant fellow buls#!t you about how much it costs etc. (money making scam)

Ill see if I can turn up something in my files, perhaps one of the other members has theirs closer to hand?

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